The delegation of Avtodor State Company held a business meeting with the management of China Development Bank (CDB) in Beijing. The Russian party was headed by Innokenty Alafinov, First Deputy Chairman of the Board on Finance and Investment Issues of Avtodor State Company, and the Chinese party was headed by Yuan Li, Vice-President of China Development Bank.
At the meeting, the Avtodor representatives presented the main directions of the State Company activity. The parties especially noted the presence of sovereign rating of the State Company.
In its turn, the Chinese party suggested creating the working group with the attraction of Russian financing institutions and other related agencies and organizations for the implementation of the State Company projects. Special attention was paid to the project of the development of the International Transit Corridor Europe - West China. The representatives of the Russian delegation noted that the International Transit Corridor Europe - West China was included into the list of priority projects of the Russian-Chinese Intergovernmental Commission.
The memorandum on common understanding between Avtodor State Company and China Development Bank was also discussed. It is planned to sign it on September 3 during the visit of the Russian President Vladimir Putin to China.